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Timber Lodge Steakhouse history
Timber Lodge Steakhouse company history timeline
In 1991, when two St Louis Park, Minnesota, partners formed Q-Steaks Incorporated, the restaurant business in the Midwest was characterized by small town supper clubs and meat and potato fare.
In 1995 the company sought to rename its six restaurant establishments Timber Lodge Steak-house.
By August 1996 Timber Lodge opened its 12th restaurant, and had rebounded from some losses it had incurred as a result of its name change and the confusion it created with its customers.
In May 1997 Timber Lodge opened its 14th steakhouse.
The acquisition was finalized in January 1998, with Timber Lodge shareholders receiving 0.8 shares of GBFC common stock for each Timber Lodge share.
The company opened its ninth Twin Cities location in November 1999, a Timber Lodge Steakhouse in the Southtown Shopping center in Bloomington, Minnesota.
Revenue was down by 1.1 percent in the first quarter compared to an increase of 8 percent the previous year, and second quarter results showed even further decline, with a loss of 5.8 percent, compared to an increase of 2.8 percent the same quarter in 2000.
News of a buyout of SBRG by closely related CKE Restaurant Group surfaced in November 2001.
Ron Levitt, a restaurateur, who enjoys history and was a past guest at the Pine Tree, jumped at the chance to purchase it in late 2002.
CKE issued statements in December 2003 that none of its suppliers purchased meat from the implicated Washington beef packer.
The menu at Timber Lodge was recreated in February 2004.
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Timber Lodge Steakhouse competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Sonic Drive-In | 1953 | $423.6M | 5,000 | 6,857 |
| Panera Bread | 1981 | $2.8B | 140,000 | 4,407 |
| Stoney River Steakhouse and Grill | 2000 | $1.4M | 10 | 98 |
| Buffalo Wild Wings | 1982 | $2.0B | 44,000 | 2,185 |
| Leeann Chin | 1980 | $62.0M | 1,000 | 4 |
| Qdoba | 1995 | $437.2M | 16,000 | 968 |
| Cos | 1994 | $89.9M | 3,000 | - |
| Famous Dave's of America | 1994 | $95.2M | 101 | 190 |
| Pok-E-Jo's BBQ Smokehouse | - | $2.3M | 35 | - |
| Remington Grill | - | $1.6M | 10 | - |
Timber Lodge Steakhouse history FAQs
Zippia gives an in-depth look into the details of Timber Lodge Steakhouse, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Timber Lodge Steakhouse. The employee data is based on information from people who have self-reported their past or current employments at Timber Lodge Steakhouse. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Timber Lodge Steakhouse. The data presented on this page does not represent the view of Timber Lodge Steakhouse and its employees or that of Zippia.
Timber Lodge Steakhouse may also be known as or be related to Timber Lodge Steakhouse, Timber Lodge Steakhouse Inc and Timber Lodge Steakhouse, Inc.